I want to buy land on which the current home needs to be torn down what kind of mortgage do I need?The property has a house that is in disrepair and we would not be able to live there right away. I do not want a 203k. I would like to take my time and use earned income to do the necessary work. I also plan to add horse stalls to rent out and start a csa on the property. Both of which would earn income. Can I get some kind of specialized loan because I plan to use the property to live and work on?March 25 2011 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.